SYNTHESIS INE@COVID-19, 18 May-2021

May . 18 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 17/23 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Comparing the COVID-19 pandemic year (March 2020 to February 2021) with the preceding twelve months: • Average base monthly earnings per employee increased by 3.2% in the total economy (2.7% in the previous year), 2.3% among enterprises that resorted to layoffs (2.5% in the previous year), and 4.0% among enterprises that never resorted to layoffs (3.8% in the previous year); • The number of employees decreased by 1.9% (it increased by 3.5% the previous year); • The volume of earnings increased by 1.3% (6.2% the previous year). Number of employees for economy’s total, layoff enterprises, non-layoff enterprises and respective year-on-year change (Y-o-Y) These data refer to about 4.1 million jobs, corresponding to beneficiaries of Social Security and subscribers to Caixa Geral de Aposentações. Revenue of tourism with 70% year-on-year reductions in March Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Layo ff enterprises Non-layo ff enterprises YoY economy's total YoY layo ff YoY non layo ff Thousands -8 -6 -4 -2 0 2 4 6 8 10 0 1,200 1,700 2,200 2,700 3,200 3,700 4,200 4,700 % COVID-19 pandemic In March 2021, the tourist accommodation sector recorded: • 283.7 thousand guests, which stands for -59.0% in year-on-year terms (-87.1% in February); • 636.1 thousand overnight stays in total, corresponding to a year-on- -year reduction of 66.5% (-87.8% in February); • 20.2% less overnight stays spent by residents (-74.9% in February) and 86.2% fewer overnight stays spent by non-residents (-94.5% in February). It should be noted that these year-on-year rates of change concerning March, compare with the first month of 2020 in which the impact of the COVID-19 pandemic has already been significantly felt. More information at: Gross monthly earnings per employee – March 2021 (13 May 2021)